Skip to main content
News and updates


Reducing the qualifying age for downsizer contributions


The Federal Government announced in the Budget that the qualifying age for downsizer contributions will be reduced from 60 to 55. The proposed start date is 1 January 2023.

Currently, downsizer contributions to superannuation can only be made by individuals aged 60 or older (prior to 1 July 2022, the minimum qualifying age was 65). The Government is proposing to (further) lower this age to 55. The Treasury Laws Amendment (2022 Measures No. 2) Bill 2022 has been introduced into Parliament to give effect to this measure. All other eligibility criteria for downsizer contributions remain unchanged.

For more information about the current eligibility criteria and the caps that apply, we recommend you visit the ATO website. We recommend you speak to a financial or tax adviser before making an investment decision.

Australian Ethical acknowledges the Traditional Owners of the country on which we work, the Gadigal people of the Eora Nation, and recognise and celebrate their continuing connection to land, waters and culture. We pay our respects to Elders past and present and thank them for protecting Country since time immemorial.

See our Reconciliation Action Plan